Inflation quickly rose throughout the 1940's. Inflation means that there is so much money and credit available that prices on merchandise rise quickly. The 1940's increase was so fast that middle class and poor people had trouble buying everyday goods and luxuries.
Click on the dollar sign to see how fast costs rose.
Solving Inflation: to help people afford higher prices, modern credit cards were invented. Here is how it started. Click below.
Inflation quickly rose throughout the 1940's. Inflation means that there is so much money and credit available that prices on merchandise rise quickly. The 1940's increase was so fast that middle class and poor people had trouble buying everyday goods and luxuries.
Click on the dollar sign to see how fast costs rose.
Solving Inflation: to help people afford higher prices, modern credit cards were invented. Here is how it started. Click below.